At the December 4, 2018 Town Council Meeting, the Town Council nominated Edward Pidermann as Town Manager to succeed Alex Rey. The Town Council provided the Town Attorney with direction to negotiate a contract subject to Council approval.

Mr. Pidermann has agreed to a four (4) year contract which will pay him $178,000, This amount is approximately $18,000 less than Mr. Alex Rey, if you take into account the bonus that Mr. Rey was annually entitled to. In addition, Mr. Rey was entitled to an annual payment of $2,500 towards his deferred compensation plan, which Mr. Pidermann has agreed to waive.

Additionally, the Contract provides Mr. Pidermann with a $650 car allowance (Mr. Pidermann has agreed to drive the entire Town two (2) times per week), health insurance, and participation in the Florida Retirement System (FRS) in the Senior Management Service Class (the Town Manager has an opt out provision at the same rate as if he participated in the FRS).Additionally, this agreement affords the Town Manager 2 fewer days of annual leave than Mr. Rey in the first year of the agreement.Mr. Pidermann has agreed to a severance package that is 4 weeks shorter than what Mr. Rey is entitled to.

This agreement ensures that Mr. Pidermann shall continue to pursue Credentialing from the International City/County Managers Association (ICMA), and provides the Town Council with the opportunity to evaluate the Town Manager's performance, and elect to modify his annual salary or benefits.